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How Adani Became India’s Port Tycoon
The company is duplicating the Mundra playbook across India.
06 Apr 2021, 09:48 AM IST
Billionaire Gautam Adani’s conglomerate is now among the biggest corporate houses in India. And his ports business, the largest after Indian government-controlled sea cargo traffic, is the crown jewel of his empire.The transformation from an upstart to an operator of 13 ports and terminals along India’s shoreline took more than two decades. Adani, according to estimates by ICRA Ltd., now controls nearly 25% of India’s seaborne cargo ...
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